Sportech (SPO) Price Target Cut to GBX 40

Sportech (LON:SPO) had its price target reduced by analysts at Peel Hunt from GBX 53 ($0.69) to GBX 40 ($0.52) in a research note issued to investors on Thursday. The firm currently has a “hold” rating on the stock. Peel Hunt’s target price suggests a potential upside of 2.56% from the stock’s current price.

Shares of LON SPO opened at GBX 39 ($0.51) on Thursday. Sportech has a 1 year low of GBX 31.50 ($0.41) and a 1 year high of GBX 87 ($1.14). The firm has a market capitalization of $73.61 million and a PE ratio of -3.28.

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Sportech Company Profile

Sportech PLC, a sports entertainment company, provides technology solutions for gaming companies, sports teams, and racetracks in the United Kingdom, North America, South America, Europe, and internationally. It operates thorough Sportech Racing and Digital, Sportech Venues, and Corporate Costs segments.